Masan Group reported a positive business performance in 2024, with net profit after tax post-minority interest (NPAT – Post MI) rising sharply to VND1,999 billion, a fourfold increase against the previous year. The firm’s return on equity – ROE (excluding non-core and one-off incomes), a profitability ratio that measures how efficiently a company uses shareholder investments to generate net income, returned to double-digit. In 2024, Masan Consumer served over 72 billion meals and shipped more than 2.4 billion convenience food products, expanding its reach to 98% of Vietnamese households and 26 overseas markets. The company recorded a 20% CAGR in net profit and maintained industry-leading margins with a 46% gross margin and 27% EBITDA margin.WinCommerce, the group’s retail arm, posted a positive net profit after tax, while Masan MEATLife also returned to profitability, buoyed by growing consumer demand for branded and packaged meat products. By Q1 2025, branded meat already accounted for 56% of all meat sales in WinCommerce stores. (ICE HO CHI MINH CITY)

Fonte notizia: The Saigon Times